Summary

The global electric guitars market size reached USD 3.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.56% during 2025-2033. Increasing number of guitarists, rising influence of social media, and the easy availability through e-commerce channels represent some of the key factors driving the market.

Electric guitars represents one of the most popular musical instrument with a solid or semi hollow body and a neck with a fingerboard. They use a pickup and an amplifier to produce sound and are generally used in several musical genres, such as rock, jazz, blues, pop, country, and metal. They are capable of producing various sounds and effects, such as reverb, distortion, and overdrive, and can be connected to other devices, including pedals and recording equipment. At present, key players are launching novel variants like modular and customizable electric guitars that allow players to easily swap out parts and create unique instruments as per their requirements. They are also incorporating high tech features, such as built-in effects, wireless connectivity, and digital modeling in electric guitars to offer a wide range of sounds and playing options.

Electric Guitars Market Trends:
The increasing interest in music among individuals and the rising number of guitarists currently represent one of the major factors driving the demand for electric guitars around the world. Moreover, the growing popularity of electric guitars on account of rapid urbanization and inflating income levels are influencing the market positively. In addition, the expanding number of music festivals and live concerts is bolstering the growth of the market. Apart from this, the rising number of music institutions, clubs, and associations is catalyzing the demand for electric guitars worldwide. Furthermore, the growing influence of social media, which makes it easier for artists to share their work and connect with fans, is presently creating a positive outlook for the market. Besides this, there is an increase in the integration of computer-aided design (CAD), computer aided manufacturing (CAM), 3D printing, and sensors to design, test the shape, control, and optimize the manufacturing processes to produce different parts of the electric guitars. This, coupled with the rising utilization of robotics to automate manufacturing processes, such as woodworking and assembling, is strengthening the growth of the market. Additionally, the expanding number of online shopping channels that offer a wide range of variants in different colors is influencing the sales of electric guitars across the globe.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global electric guitars market, along with forecasts at the global, regional, and country level from 2025-2033. Our report has categorized the market based on type, price, distribution channel, and end user.

Type Insights:

Electric Acoustic Guitar
Seven String Guitar
Solid Body Guitar
Hollow Body Guitars
Others

The report has provided a detailed breakup and analysis of the electric guitars market based on the type. This includes electric acoustic guitar, seven string guitar, solid body guitar, hollow body guitars, and others. According to the report, solid body guitar represented the largest segment.

Price Insights:

Low
Medium
High

A detailed breakup and analysis of the electric guitars market based on the price has also been provided in the report.

Distribution Channel Insights:

Online
Offline

The report has provided a detailed breakup and analysis of the electric guitars market based on the distribution channel. This includes online and offline. According to the report, offline represented the largest segment.

End User Insights:

Professionals
Learners
Individual Amateurs

A detailed breakup and analysis of the electric guitars market based on the end user has also been provided in the report. This includes professionals, learners, and individual amateurs.

Regional Insights:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for electric guitars. Some of the factors driving the Asia Pacific electric guitars market included the growing popularity of western music, increasing disposable income, and the emergence of local artists and bands.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global electric guitars market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered C. F. Martin & Company, Cort Guitars, Dean Guitars, Fender Musical Instruments Corporation (Servco Pacific Inc.), Gibson Brands Inc., Hoshino Gakki Co. Ltd., Karl Höfner GmbH & Co. KG, Michael Kelly Guitar Co., Paul Reed Smith Guitars, Samick Musical Instrument Co. Ltd., Yamaha Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global electric guitars market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global electric guitars market?
What is the impact of each driver, restraint, and opportunity on the global electric guitars market?
What are the key regional markets?
Which countries represent the most attractive electric guitars markets?
What is the breakup of the market based on the type?
Which is the most attractive type in the electric guitars market?
What is the breakup of the market based on the price?
Which is the most attractive price in the electric guitars market?
What is the breakup of the market based on the distribution channel?
Which is the most attractive distribution channel in the electric guitars market?
What is the breakup of the market based on the end user?
Which is the most attractive end user in the electric guitars market?
What is the competitive structure of the global electric guitars market?
Who are the key players/companies in the global electric guitars market?

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Table of Contents

​1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electric Guitars Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Electric Acoustic Guitar
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Seven String Guitar
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Solid Body Guitar
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Hollow Body Guitars
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Price
7.1 Low
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 High
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Online
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offline
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Professionals
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Learners
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Individual Amateurs
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 C. F. Martin & Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Cort Guitars
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Dean Guitars
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Fender Musical Instruments Corporation (Servco Pacific Inc.)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Gibson Brands Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Hoshino Gakki Co. Ltd.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Karl Höfner GmbH & Co. KG
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Michael Kelly Guitar Co.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Paul Reed Smith Guitars
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Samick Musical Instrument Co. Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Yamaha Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

List of Figures

Figure 1: Global: Electric Guitars Market: Major Drivers and Challenges
Figure 2: Global: Electric Guitars Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Electric Guitars Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Electric Guitars Market: Breakup by Type (in %), 2024
Figure 5: Global: Electric Guitars Market: Breakup by Price (in %), 2024
Figure 6: Global: Electric Guitars Market: Breakup by Distribution Channel (in %), 2024
Figure 7: Global: Electric Guitars Market: Breakup by End User (in %), 2024
Figure 8: Global: Electric Guitars Market: Breakup by Region (in %), 2024
Figure 9: Global: Electric Guitars (Electric Acoustic Guitar) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: Electric Guitars (Electric Acoustic Guitar) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: Electric Guitars (Seven String Guitar) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: Electric Guitars (Seven String Guitar) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: Electric Guitars (Solid Body Guitar) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: Electric Guitars (Solid Body Guitar) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: Electric Guitars (Hollow Body Guitars) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: Electric Guitars (Hollow Body Guitars) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: Global: Electric Guitars (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: Global: Electric Guitars (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: Global: Electric Guitars (Low) Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: Global: Electric Guitars (Low) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Global: Electric Guitars (Medium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Global: Electric Guitars (Medium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Global: Electric Guitars (High) Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Global: Electric Guitars (High) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: Global: Electric Guitars (Online) Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: Global: Electric Guitars (Online) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: Global: Electric Guitars (Offline) Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: Global: Electric Guitars (Offline) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: Global: Electric Guitars (Professionals) Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: Global: Electric Guitars (Professionals) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: Global: Electric Guitars (Learners) Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: Global: Electric Guitars (Learners) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Global: Electric Guitars (Individual Amateurs) Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Global: Electric Guitars (Individual Amateurs) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: North America: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: North America: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: United States: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: United States: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: Canada: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: Canada: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: Asia-Pacific: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: Asia-Pacific: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: China: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: China: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: Japan: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: Japan: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: India: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: India: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: South Korea: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: South Korea: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: Australia: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: Australia: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: Indonesia: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: Indonesia: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: Others: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: Others: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: Europe: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: Europe: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Germany: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Germany: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: France: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: France: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: United Kingdom: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: United Kingdom: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 65: Italy: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 66: Italy: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 67: Spain: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 68: Spain: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 69: Russia: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 70: Russia: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 71: Others: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 72: Others: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Latin America: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 74: Latin America: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 75: Brazil: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 76: Brazil: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 77: Mexico: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 78: Mexico: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 79: Others: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 80: Others: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 81: Middle East and Africa: Electric Guitars Market: Sales Value (in Million USD), 2019 & 2024
Figure 82: Middle East and Africa: Electric Guitars Market: Breakup by Country (in %), 2024
Figure 83: Middle East and Africa: Electric Guitars Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 84: Global: Electric Guitars Industry: Drivers, Restraints, and Opportunities
Figure 85: Global: Electric Guitars Industry: Value Chain Analysis
Figure 86: Global: Electric Guitars Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Electric Guitars Market: Key Industry Highlights, 2024 & 2033
Table 2: Global: Electric Guitars Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 3: Global: Electric Guitars Market Forecast: Breakup by Price (in Million USD), 2025-2033
Table 4: Global: Electric Guitars Market Forecast: Breakup by Distribution Channel (in Million USD), 2025-2033
Table 5: Global: Electric Guitars Market Forecast: Breakup by End User (in Million USD), 2025-2033
Table 6: Global: Electric Guitars Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 7: Global: Electric Guitars Market: Competitive Structure
Table 8: Global: Electric Guitars Market: Key Players